Re: options
in response to
by
posted on
Jul 08, 2010 09:05AM
Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America
midas, imo if kry gets the permit and the deal closes then watch for serious speculative trading again in kry more than long term investors...
you'll have a miner with roughly 8mil oz., in other places around the world that would put them at $4bil +/-......this is hugoland...
assuming the deal closes we should get some real nice moves for trading purposes based on venezuela elections in sept, then the big election in 2012...
if things go right and a fedecamaras (chamber of commerce) type party comes in then kry could really fly! the cash costs are low and you'd have a favorable government to work with for years...the street would forget the tainted past real quick...
in any case there will be a lot of opportunity for trading, but as always.....we need the permit... i would think there is some money sitting sideline right now in case this time is actually "the time"....